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Your client, age 29 and unmarried, came into your office today. She provided you with the following information: Her income is $76,000. She contributes 6%

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Your client, age 29 and unmarried, came into your office today. She provided you with the following information: Her income is $76,000. She contributes 6% of her salary to a 401(k), receiving a 3\% salary match from her employer. She also saves $250 per month into a Roth IRA. She has fixed expenses of $28,500 and discretionary expenses totaling $1,500 per month. Her federal income tax rate is 15%, State is 5%, and has 7.65% taken out for Social Security and Medicare (FICA). She has cash assets totaling $12,500, non-retirement investment assets of $22,500 (with a goal to use the money for a house downpayment in the next year or two), retirement-related investment assets of $27,000, and personal property worth an estimated $39,000 (including her car, currently estimated to be worth $21,000 ). She rents and does not own a home just yet. Her only debt is an auto loan, in which the original principal balance was $20,000, financed at 3.00% for 4 years (paid monthly). She's paid 28 months as of today. 11) What is her total savings rate? (1.5 pts) Your client, age 29 and unmarried, came into your office today. She provided you with the following information: Her income is $76,000. She contributes 6% of her salary to a 401(k), receiving a 3\% salary match from her employer. She also saves $250 per month into a Roth IRA. She has fixed expenses of $28,500 and discretionary expenses totaling $1,500 per month. Her federal income tax rate is 15%, State is 5%, and has 7.65% taken out for Social Security and Medicare (FICA). She has cash assets totaling $12,500, non-retirement investment assets of $22,500 (with a goal to use the money for a house downpayment in the next year or two), retirement-related investment assets of $27,000, and personal property worth an estimated $39,000 (including her car, currently estimated to be worth $21,000 ). She rents and does not own a home just yet. Her only debt is an auto loan, in which the original principal balance was $20,000, financed at 3.00% for 4 years (paid monthly). She's paid 28 months as of today. 11) What is her total savings rate? (1.5 pts)

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